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knightofdelta,you really did a thorough research on this company which is good.As it is,C&I Leasing is only one in that sector i.e this can influence the price too.What do you think?

The fact that they are the only company in the sector means that there is no benchmark to assess their performance. But if you take a good look at the stock market as a whole, I must confess this company is very expensive. Just because they are alone in the sector does not mean that investors will not punish them if they don't declare dividends that will match the market price, which will likely happen except they really declare some serious profits.

Buying into the shares will be like gambling, except if you know what you are doing. If you are looking at buying more shares, it will be good for you to look towards the banking sector for now.

Please does anyone in the house know what was the result declared for C & I leasing for the year ended 31st January 2008. I saw on the vetiva site that C & I leasing will be doing their AGM on 29/4/2008

Please does anyone in the house know what was the result declared for C & I leasing for the year ended 31st January 2008. I saw on the vetiva site that C & I leasing will be doing their AGM on 29/4/2008

Akeem,
I do not have any info but the stock has been bullish this week, rising from about N14.30 to N17 today. I entered it at N14.10 and just offloaded some at N17 this morning. Rumour has it that they will be doing a bonus issue...just a rumour...and I believe in anycase their result will be fantastic. Despite the bearish market, I imagine investors are holding on strong waiting for the favourable result thus creating scarcity and sending the price to the roof. I will wait for it to hit N20 and offload some more then take position after they close their register...or their PO as Knightofdelta suggested. I am not aware they are coming to the market again...

If C&I go through another offering, it should in longterm benefit the shareholders. The company gets additional "cheap" fund to support its expansion and hopefully reduce some the N300m it paid in interest in 2007. Hopefully, that will be dropped to the bottom line.

Akeem,
I do not have any info but the stock has been bullish this week, rising from about N14.30 to N17 today. I entered it at N14.10 and just offloaded some at N17 this morning. Rumour has it that they will be doing a bonus issue...just a rumour...and I believe in anycase their result will be fantastic. Despite the bearish market, I imagine investors are holding on strong waiting for the favourable result thus creating scarcity and sending the price to the roof. I will wait for it to hit N20 and offload some more then take position after they close their register...or their PO as Knightofdelta suggested. I am not aware they are coming to the market again...

C&I Leasing may have made so many of us richer but declaring a bonus issue at the current price??? The result they want to release must really be from the skies. I will not talk too much about that until I see 'em.

As for the price hitting N20, I doubt it. I am not ruling out the possibility though but there is something I am very convinced of, THE PRICE OF C&I LEASING AT THE MOMENT IS VERY EXPENSIVE based on the 3rd quarter results. And for me, I have ridden the wave long enough, I am getting out on Monday.

Thank you very much, C&I Leasing, I made over 150% when the going was good. But I'm out.

Sorry pls, i am new here and really don't know how to go about this site properly. i spent lots of time trying to ask questions to my fellow investors but it's been difficult. I just hope i get it this time. I want to get invested in shares and seeking the right shares to buy for a period of 5 months with good returns probably. penny or blue chip will do just fine. pls help??

Sorry pls, i am new here and really don't know how to go about this site properly. i spent lots of time trying to ask questions to my fellow investors but it's been difficult. I just hope i get it this time. I want to get invested in shares and seeking the right shares to buy for a period of 5 months with good returns probably. penny or blue chip will do just fine. pls help??

Thanks.

You are in the right thread but you are discussing under the wrong subject. You are currently in C & I Leasing.

Click on the link below and hopefully if you raise your question there (since it has to do with what you intend to buy), someone will surely come back to you.

Thanks for providing me with the right link to what i needed but as a senior member i think it will be wise to hear your ideas on the shares are best to be bought for a short term period.. thanks so much.

C&I Leasing may have made so many of us richer but declaring a bonus issue at the current price??? The result they want to release must really be from the skies. I will not talk too much about that until I see 'em.

As for the price hitting N20, I doubt it. I am not ruling out the possibility though but there is something I am very convinced of, THE PRICE OF C&I LEASING AT THE MOMENT IS VERY EXPENSIVE based on the 3rd quarter results. And for me, I have ridden the wave long enough, I am getting out on Monday.

Thank you very much, C&I Leasing, I made over 150% when the going was good. But I'm out.

Any news about the outcome of C & I Leasing AGM meeting held on 29 April?
Thanks

__________________"The basic ideas of investing are to look at stocks as businesses, use market fluctuations to your advantage, and seek a margin of safety"...Warren Buffett

Guys, any news about the much awaited audited report from this leasing company?

None yet, it shd be very good though and i'd expected a bonus (say a 1:3) from their mgmt just 2 reward those who bought low (abt N1-N2) and are tempted to sell this period as they'd need to keep their price this high to get a TS so as to ride the tide during their proposed PO

__________________Once u know what the market is thinking, jump the other way, bet the unexpected... (Soros)

None yet, it shd be very good though and i'd expected a bonus (say a 1:3) from their mgmt just 2 reward those who bought low (abt N1-N2) and are tempted to sell this period as they'd need to keep their price this high to get a TS so as to ride the tide during their proposed PO

you are right. we are expecting the directors to declare a bonus this year

It depends on what you realy want and how long you intend to hold the stock.
if you want to buy this stock because of the bonus, then you must understand that it is just market hearsay and not a must that the company will declare it. they were suppose to last year but didnt so the market is expecting it this year.
The company may also approach the market with a PO, so if you are long term and interested you may take the dive.